One of many main cryptocurrency market makers, Wintermute has seen spectacular success with its portfolio of meme cash. A current evaluation reveals that 64% of the highest 25 Wintermute meme cash are actually listed on Binance, the biggest cryptocurrency buying and selling platform.
As soon as listed, these tokens profit from the numerous liquidity and branding impact of the Binance platform, rising their worth and buying and selling quantity. This excessive itemizing price underscores Wintermute's capacity to determine and return promising tokens.
In response to the information, six of those tokens have each futures and spot markets accessible, whereas the others solely commerce on the futures market on Binance.
Wintermute's greatest meme coin holdings
Among the many notable meme cash held by Wintermute, NEIRO stands out with a 13.57% holding share. In the meantime, GOAT not too long ago overtook MOODENG to develop into the highest Wintermute meme coin holder, whereas POPCAT's worth rose to $18.1 million.
Nonetheless, a number of tokens in Wintermute's portfolio are nonetheless listed on Binance, that means they’ve future development potential. These embody PEPECOIN, SPX, MOTHER, REKT (a brand new undertaking added three days in the past) and BENJI, the coin with the bottom market cap in Wintermute's prime 25 holdings.
What’s listed on Binance?
The evaluation outlines a number of widespread options of the meme cash listed on Binance. These embody sturdy neighborhood involvement and a market capitalization between $10 million and $500 million. Moreover, Wintermute typically holds at the very least 1% of the token on the time of itemizing.
Finally, the evaluation highlighted that Wintermute's strategic token choice and deep involvement within the meme coin market creates a win-win situation: Wintermute gives liquidity and model assist, whereas the Binance itemizing impact will increase worth for each the tokens and their backers.
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